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Manila Bulletin devider Business devider Trade & Industry devider ICTSI's Colombia Terminal hits 1 million TEU milestone

ICTSI's Colombia Terminal hits 1 million TEU milestone

Published Jan 22, 2021 05:00 am

Another International Container Terminal Services, Inc. (ICTSI) joint venture, this time in Colombia, South America, hit its one millionth twenty-foot equivalent units (TEUs) milestone this month, despite the pandemic.

It was a positive year opener for Sociedad Puerto Industrial de Aguadulce (Puerto Aguadulce), a joint venture between ICTSI and PSA International Pte Ltd, operator of the Aguadulce Multiuser Container Terminal at the Port of Buenaventura, Colombia.

Off to a good start. Puerto Aguadulce started the year with its 1 million TEU milestone.

“Despite the adversities of 2020 for the global economy, we started the new year with this positive news, which re-affirms our efforts and our drive towards providing a great gateway for cargoes in the Colombian Pacific region,” declared Miguel Abisambra, Puerto Aguadulce General Manager.

"The special characteristics of our terminal and the highly trained and dedicated staff make it possible to generate more options and connections, as well as attract more investments and opportunities for the country,” he reasoned out.

The terminal has a capacity of 600,000 TEUs for its first phase of development and is fully capable of handling mega ships with capacities of up to 18,000 TEUs.

Operating under a 30+30-year concession, Puerto Aguadulce started commercial operations in 2016.

It has since become one of the most productive and efficient ports in the country.

ICTSI has been involved with the port since 2007, when the former concluded agreements to start the construction and development of a new multi-user container terminal at the Port of Buenaventura in Colombia.

In September 2013, ICTSI entered into an agreement with PSA International Pte Ltd. to jointly develop and operate the container terminal and its ancillary facilities.

Puerto Aguadulce is a last generation container terminal achieving high standards of productivity and safety in its operations.

Related Tags

ICTSI PUERTO AGUADULCE COLOMBIA ICTSI COLOMBIA
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